Flat 1 16 First Avenue

    FLAT 1 16, FIRST AVENUE, HOVE, BN3 2FE

    This flat/maisonette leasehold property on First Avenue last sold in July 2022 for £547,500. Based on price growth in the BN3 district since then, its estimated current value is £564,328 — placing it in the 84th percentile nationally and the 65th percentile within BN3. The property covers 82 m² (883 sq ft), giving an estimated value of £6,882 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £547,500

    Jul 2022

    Estimated Valuation

    £564,328

    Est. £/sq ft

    £639/sq ft

    £6,882/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area883 sq ft (82 m²)
    EPC dateMay 2023
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2022

    £547,500

    16 Oct 2001

    £130,000

    Key Metrics

    Estimated valuation£564,328
    Value per sq ft / m²£639/sq ft (£6,882/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile65th percentile
    National percentile84th percentile

    District Context — BN3

    BN3 covers Hove and surrounding areas west of Brighton, forming part of the wider Brighton and Hove conurbation on the south coast. It is a mixed residential district with strong rental demand, popular with younger professional households and those seeking urban amenities.

    Average Property Price - BN3

    £554,428

    86

    National percentile

    Average Net Household Income - BN3

    £43,825

    72

    National percentile

    10-Year Annualised Price Growth - BN3

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - BN

    3.8%

    48

    National percentile

    View full analysis for BN3

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